To be printed on a GREEN colored sheet.

MEEZAN BANK LIMITED

Key Fact Statement - PKR Accounts (Current / Savings)
Date: 02 - Jan - 2024
Meezan Bank Limited,
Branch_________________
IMPORTANT: Read this document carefully if you are considering opening a new account. You may also use this document to compare different accounts offered by other banks. You have the right to receive KFS from other banks for comparison.
City____________________

Account Types & Salient Features : This information is accurate as of the date above. Products/Services and/or its fees may change from time to time after notice by the Bank. Profit on remunerative accounts (if any) will be distributed as per the applicable Profit Sharing Ratio and weightages announced by the Bank from time to time.
Current Accounts will be based on Qard. Saving Accounts and Islamic Term Deposits will be based on Mudarabah.

Meezan Rupee Meezan Asaan Meezan Express Meezan Kids & Meezan Senior Karobari Munafa Meezan Rupee Meezan Asaan
Meezan Labbaik Margin Meezan Kafalah Meezan Kafalah Meezan Bachat Karobari Munafa Meezan Express
Saving Savings Saving Teens Club Citizen Account Current Current
Saving Aasaan Account Account Multiplier Account Account******** Account Current Account
Account****** Account**** Account******* Account***** Account*** (CLUBBED) Account****** Account****
Currency PKR PKR PKR PKR PKR PKR PKR PKR PKR PKR PKR PKR PKR PKR PKR
Minimum To open 100 100 0 500 0 1,000 0 2,000 300,000 50,000 1,000,000 1,000,000 1,000 0 100
Balance
To keep 1 1 1 1 1 1 0 2,000 300,000 1 1 1 0 0 0
for Account
Account Maintenance Fee 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Is Profit Paid on account. Subject to the applicable
Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes No No No
tax rate

1 - 499.99K (14.04%) 1 - 499.99M 1 - 499.99M

(11.01%) (11.01%)

500M - 999.99M 500M - 999.99M

Last month's declared Profit Rate. (%) per year 11.01% 18.17% 15.14% 15.97% 15.97% 18.17% 0.28% 14.59% 15.14% (11.29%) (11.29%) N/A N/A N/A
500K & Above
(11.56%) 1B - 4.99B 1B - 4.99B
(11.84%) (11.84%)
5B & Above 5B & Above
(11.84%) (11.84%)
Profit Payment Frequency Monthly Monthly Monthly Monthly Monthly Monthly Monthly Monthly Monthly Monthly Monthly Monthly N/A N/A N/A
Provide example (Profit is calculated on PKR 1,000)
9.35 15.43 12.86 13.56 13.56 15.43 0.24 12.39 12.86 11.92 - 9.82 9.35 - 10.06 9.35 - 10.06 N/A N/A N/A
per month
5% of annual 5% of cash value (last
Premature/ Early Encashment/Withdrawal Fee N/A N/A N/A N/A N/A 0 N/A N/A N/A N/A N/A N/A N/A
contribution available balance)
Service Charges
IMPORTANT: This is a list of the main service charges for this account. It does not include all charges. You can find a full list of updated charges on our website www.meezanbank.com or from branches. Please note that all bank charges are exclusive of applicable taxes.

Meezan Kids & Karobari Munafa Meezan Asaan

Meezan Rupee Meezan Asaan Meezan Express Meezan Senior Meezan Labbaik Margin Meezan Kafalah Meezan Kafalah Meezan Bachat Karobari Munafa Meezan Rupee Meezan Express
Teens Club Account Current
Saving Account Savings Account Saving Account Citizen Account Saving Aasaan Account Account Multiplier Account Account Account Current Account Current Account
Account (CLUBBED) Account

Intercity 0 0 0 0 0 0 0 0 0 0 0
Intra-city 0 0 0 0 0 0 0 0 0 0 0
Cash Transaction
Own ATM withdrawal 0 0 0 0 0 N/A N/A N/A N/A 0 0 0 0 0 0
Other Bank ATM 20.21 20.21 20.21 20.21 20.21 20.21 20.21 20.21 20.21 20.21 20.21
ADC/Digital 0 0 0 0 0 0 0 0 0 0 0
Complete Subscription Charges
SMS Alerts (Per
1. For Individual & Sole-
annum) 1,500 1,500 1,500 1,500 0 1,500 1,500 1,500 1,500 1,500 1,500
Proprietorship Accounts
2. For Entity Accounts 4,500 N/A N/A N/A N/A N/A 4,500 4,500 4,500 N/A N/A
PayPak 1,600 1,600 1,600 1,600 1,600 1,600 1,600 1,600 1,600 1,600 1,600
Classic 2,400 2,400 N/A 1100* 2,400 2,400 2,400 2,400 2,400 N/A 2,400
Gold 2,800 2,800 N/A N/A 2800** N/A N/A N/A N/A 2,800 2,800 2,800 2,800 N/A 2,800
Debit Cards (Per
Platinum 6,000 6,000 N/A N/A 6,000 6,000 6,000 6,000 6,000 N/A 6,000
annum)
Titanium 4,000 4,000 N/A N/A 4,000 4,000 4,000 4,000 4,000 N/A 4,000
World 18,000 18,000 N/A N/A 18,000 18,000 18,000 18,000 18,000 N/A 18,000
Infinite 26,000 26,000 N/A N/A 26,000 26,000 26,000 26,000 26,000 N/A 26,000
Issuance 0 0 0 0 0 0 0 0 0 0 0
Stop payment
Cheque Book
For one cheque 300 300 300 300 300 300 300 300 300 300 300
More than one cheque 600 600 600 600 600 N/A N/A N/A N/A 600 600 600 600 600 600
Loose cheque N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
*1st year annual fee waived, from 2nd year charges will be as per SOCs
**1st year annual fee of Meezan Gold Card is waived, from 2nd year charges will be as per SOCs
***The maximum credit balance limit in Meezan Senior Citizen Account is PKR 25,000,000. Any transaction exceeding the credit threshold limit shall not be allowed. However, credit of any profit on savings deposit/I-TDR in Meezan Senior Citizen Account beyond total credit balance limit of PKR. 25,000,000 will be permitted
****The maximum monthly amount of debit and credit balance limit in this account is Rs. 1,000,000 which is subject to change as per SBP Regulations issued from time to time and will be effective without any notice. Any transaction exceeding the monthly threshold of the maximum limit shall be refused.
*****Account will be closed when Kid/Teen attains age of maturity, 12 years for Meezan Kids Club Account & 18 years for Teens Club Account. For further details, please contact your respective branch.
******No initial deposit would be required for opening of accounts for
(i) Mustahkeen of Zakat
(ii) Students
(iii) Employees of Government or semi-Government institutions for salary and pension purposes (including widows/children of deceased employees eligible for family pension/benevolent fund grant, etc.)
*******Meezan Express Current account can only be fed through home remittances, no other credits are allowed
********For Meezan Bachat Account, if account balance falls in Tier 2 (i.e., PKR 500,000 & above), then applicable weightage shall be of Tier 1 (i.e., upto PKR 499,999). Any amount exceeding PKR 499,999 then the weightage of Tier 2 shall be applied as per policy.
 Meezan Kids & Meezan Asaan
Meezan Rupee Meezan Asaan Meezan Express Meezan Senior Meezan Labbaik Margin Meezan Kafalah Meezan Kafalah Meezan Bachat Karobari Munafa Karobari Munafa Meezan Rupee Meezan Express
Services Modes Teens Club Current
Saving Account Saving Account Savings Account Citizen Account Saving Aasaan Account Account Multiplier Account Account Account Account-CLUBBED Current Account Current Account
Account Account
Remittance
Pay Order 0 0 0 0 0 0 0 0 0 0 0
(Local)
US$ 15/-OR US$ 15/-OR
Foreign Demand US$ 15/-OR US$ 15/-OR equivalent US$ 15/-OR US$ 15/-OR US$ 15/-OR
equivalent equivalent
equivalent including N/A N/A including SWIFT equivalent including equivalent including equivalent including N/A N/A
Draft including SWIFT including SWIFT
SWIFT Charges Charges SWIFT Charges SWIFT Charges SWIFT Charges
Remittance Charges Charges
Foreign US$ 15/-OR US$ 15/-OR
US$ 15/-OR US$ 15/-OR equivalent US$ 15/-OR US$ 15/-OR US$ 15/-OR
equivalent equivalent
Wire Transfer equivalent including N/A N/A including SWIFT equivalent including equivalent including equivalent including N/A N/A
including SWIFT including SWIFT
SWIFT Charges Charges SWIFT Charges SWIFT Charges SWIFT Charges
Charges Charges
Annual 0 0 0 0 0 0 0 0 0 0 0
Statement of
Half Yearly 0 0 0 0 0 0 0 0 0 0 0
Account
Duplicate Rs 25 Rs 25 Rs 25 Rs 25 Rs 25 Rs 25 Rs 25 Rs 25 Rs 25 Rs 25 Rs 25
Free IBFT upto PKR 25,000 per month N/A N/A N/A N/A Free IBFT upto PKR 25,000 per month
ADC/Digital Channels For additional amount above PKR 25,000 per month 0.1% of the transaction amount or For additional amount above PKR 25,000 per month 0.1% of the transaction amount or PKR 200, whichever is lower
Fund Transfer
PKR 200, whichever is lower
Others 0 0 0 0 0 0 0 0 0 0 0
Internet Banking subscription
0 0 0 0 0 0 0 0 0 0 0
(one-time & annual)
Digital Banking
Mobile Banking subscription (one-
0 0 0 0 0 0 0 0 0 0 0
time & annual)
Normal 0 0 0 0 0 0 0 0 0 0 0
Clearing Intercity Rs 300 Rs 300 N/A Rs 300 Rs 300 Rs 300 Rs 300 Rs 300 Rs 300 N/A Rs 300
Same Day Rs 500 Rs 500 N/A Rs 500 Rs 500 Rs 500 Rs 500 Rs 500 Rs 500 N/A Rs 500
Closure of
Customer request 0 0 0 0 0 0 0 0 0 0 0
Account
You Must Know
Requirements to open an account: To open the account you will need to satisfy some identification requirements as per regulatory instructions and Bank's internal policies. Unclaimed Deposits: In terms of Section 31 of Banking Companies Ordinance, 1962 all deposits which have not been operated during the period of last ten
These may include providing documents and information to verify your identity. Such information may be required on a periodic basis. Please ask us for more details from years, except deposits in the name of a minor or a Government or a court of law, are surrendered to State Bank of Pakistan (SBP) by the relevant banks, after
branch representative or by calling our Helpline: +92 21 111-331-331/332. meeting the conditions as per provisions of law. The surrendered deposits can be claimed through the respective banks. For further information, please contact
your parent/concerned branch. You will have to fulfil all required regulatory requirements that the Bank might require to proceed further.
Cheque Bounce: Dishonouring of cheques is subject to a criminal trial in Pakistan. Accordingly, you should be writing cheques with utmost prudence. In this regard Section
489-F of Pakistan Penal Code (PPC) applies, "Dishonestly issuing a cheque": Whoever dishonestly issues a cheque towards repayment of financing or fulfilment of an obligation Closing this account: In order to close your account, please visit your branch along with your original valid identity document for account closure. The Bank shall
which is dishonoured on presentation, shall be punished with imprisonment which may extend to three years or with fine, or both. perform mandatory requirements for account closure. Any products, services or facilities linked with your account shall automatically be cancelled/ deactivated
subsequent to the account closure.
Safe Custody: Safe custody of access tools to your account like ATM cards, PINs, T-Pins, Cheques, e-banking usernames, passwords; other personal information, etc. is your
responsibility. Bank cannot be held responsible in case of a security lapse at the customer’s end. The State Bank of Pakistan or your bank will never Call/ SMS/ Mail/ Email to Expired Identity Document: Once your submitted ID document has reached its expiry, you shall be requested to submit a new valid ID document. In case a new
ask for customer’s confidential details and other sensitive information related to bank account. Customer must be aware of this fact that sharing such information with valid ID is not submitted by the customer, the account shall be blocked by the Bank subsequent to serving one-month prior notice.
anyone might cause financial fraud. Similarly, customers must be cautious of phishing emails asking the customer to click on link and for instance, change the password of his/
her bank account. How can you get assistance or make a complaint?
You can also write a letter to ‘The Manager Customer Care Unit’ and post it to our Head Office at Meezan House, C-25, Estate Avenue, Karachi Tel: +92-21-
Record updation: Always keep profiles/records updated with the Bank to avoid missing any significant communication. You can contact/ visit your nearest branch for record 38103500 & +92-21-37133500
updation or you may call at our 24/7 call center by dialing +92 21 111-331-331/ 332 from your number registered with your account. Fax: +92-21-36406049
Helpline: +92 21 111-331-331/332
What happens if you do not use this account for a long period? If your account remains inoperative for 12 months, it will be marked as dormant. If your account becomes Email: info@meezanbank.com & complaints@meezanbank.com
dormant, you will not be able to perform any debit/withdrawal transaction. To reactivate your account, you must visit your Meezan Bank’s branch with an original valid Website: www.meezanbank.com
identity document. Non-Resident Pakistani customers may request their respective branch from their registered email address. Account will be reactivated subject to the
fulfilment of all regulatory requirements. If you are not satisfied with our response, you may contact:
Banking Mohtasib Pakistan,
5th floor, Shaheen Complex,
M.R. Kiyani Road, Karachi
Email: info@bankingmohtasib.gov.pk
Website: www.bankingmohtasib.gov.pk

I ACKNOWLEDGE RECEIVING AND UNDERSTAND THIS KEY FACT STATEMENT

Customer Name: Date

Product Chosen:
Mandate of
Single/Joint/Either or Survivor
account:
Address

Contact No.: Mobile No. Email Address

Customer Signature Signature Verified